TradingMarkets Most Overbought and Oversold ETFs for Monday
Most Overbought
The following ETFs are the most overbought for Monday, February 22, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!
^EWG^
^FXP^
^DBA^
Overbought ETF of the Day – iShares MSCI Germany Index Fund ETF – EWG
Most Oversold
The following ETFs are the most oversold for Monday, February 22, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!
^TIP^
^EWJ^
^BND^
^EWS^
Oversold ETF of the Day – iShares MSCI Japan Index Fund ETF – EWJ